Michael will invest in building more starter homes and expand state partnerships with banks, non-profits, employers, and landlords to provide mortgage and down payment assistance and rent-to-own systems, helping Coloradans bridge the gap between what they can afford and the cost of a home.
Bennet promises to expand state partnerships and invest in mortgage and down payment assistance and rent-to-own systems to support first-time homebuyers in Colorado.
Occurrences
Evidence
Michael Bennet released a comprehensive housing platform to tackle the state’s housing crisis and build a Colorado where no one is forced to spend more than 30% of their income on housing. The plan includes investing in building more starter homes and expanding state partnerships with banks, non-profits, employers, and landlords to provide mortgage and down payment assistance and rent-to-own systems, helping Coloradans bridge the gap between what they can afford and the cost of a home.
Colorado U.S. Senator Michael Bennet announced that he secured over $141 million for 110 projects through congressionally directed spending in the Fiscal Year 2026 appropriations bills passed by Congress. These projects include funding for various community services and infrastructure improvements across Colorado.
Colorado U.S. Senator Michael Bennet welcomed nearly $121 million for Colorado projects in the Fiscal Year 2022 omnibus funding bill. Bennet secured funding for 64 Colorado projects through the congressionally directed spending process.
Assessments
Bennet articulated a comprehensive plan to expand partnerships and invest in assistance programs for first-time homebuyers, but available evidence reflects mainly the announcement of the plan and general funding for state projects without explicit documentation of implementation or results specific to mortgage and down payment assistance or rent-to-own systems. Thus, there is evidence of effort and some progress, but the promise is only partially fulfilled.